Gold Price Stalls At $1,929 As Dollar Gains Ground
January 16, 2023 at 04:33 AM EST
The bias for gold is bullish, that’s why it could resume growth despite temporary drops. Fundamentally, the XAU/USD jumped higher after the US Consumer Price Index reported a 0.1% drop in December, while CPI y/y came in at 6.5%, as expected.
